New insider activity at Iridium Communications ( (IRDM) ) has taken place on November 3, 2025.
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In recent transactions involving Iridium Communications stock, CEO Matthew Desch made a significant purchase, acquiring 20,000 shares valued at $346,600. On the other hand, Director Thomas Fitzpatrick sold 20,839 shares, amounting to a total of $375,102.
Recent Updates on IRDM stock
Iridium Communications recently reported its Q3 2025 earnings, showing a 7% increase in total revenue and a 10% rise in operational EBITDA, driven by growth in service revenue and engineering support services. Despite these positive financial metrics, the company faced challenges such as a decline in broadband revenue due to the non-renewal of a major contract and increased competition from new market entrants like Starlink. The earnings call highlighted a mixed sentiment, with Iridium’s strategic focus on growth markets and new partnerships expected to drive future growth. However, the company has adjusted its full-year 2025 guidance, narrowing its service revenue growth expectations and pausing its share repurchase program to prioritize strategic growth initiatives and financial stability. The company’s long-term outlook remains optimistic with strong cash flow projections and a focus on developing new services and exploring acquisitions.
Spark’s Take on IRDM Stock
According to Spark, TipRanks’ AI Analyst, IRDM is a Neutral.
Iridium Communications’ overall stock score is driven by solid financial performance and reasonable valuation, offset by technical indicators suggesting a bearish trend. The mixed sentiment from the earnings call adds some uncertainty, but the company’s strategic focus on growth initiatives and maintaining a healthy dividend yield are positive factors.
To see Spark’s full report on IRDM stock, click here.
More about Iridium Communications
YTD Price Performance: -32.78%
Average Trading Volume: 2,844,652
Technical Sentiment Signal: Sell
Current Market Cap: $2.01B